Datasets:
gtfintechlab
/
swiss_national_bank

Dataset card Data Studio Files
xet
Community
sentences
stringlengths
27
370
stance_label
stringclasses
4 values
time_label
stringclasses
2 values
certain_label
stringclasses
2 values
year
int64
2k
2.02k
__index_level_0__
int64
1
999
in its baseline scenario for the global economy, the snb expects growth in the coming quarters to remain in line with potential
neutral
forward looking
certain
2,019
265
it is therefore still clearly above the range the snb equates with price stability
hawkish
not forward looking
certain
2,023
374
at present, the financial crisis has not had any impact on the granting of domestic loans
neutral
not forward looking
certain
2,008
769
equally, the energy situation in europe could deteriorate again in q4 2023 and q1 2024
dovish
forward looking
uncertain
2,023
825
the monetary and fiscal policy measures adopted worldwide are providing important support in this regard
neutral
not forward looking
certain
2,020
715
the increasingly tighter monetary policy in many countries should also help inflation gradually return to more moderate levels
hawkish
forward looking
uncertain
2,022
834
the higher commodity prices are likely to weigh on consumption and increase companies production costs
hawkish
forward looking
certain
2,022
417
after this step, the interest target range will again exhibit a spread of 100 basis points
neutral
forward looking
certain
2,004
730
the measures announced at the weekend by the federal government, finma and the snb have put a halt to the crisis
neutral
not forward looking
certain
2,023
791
owing to a slight deterioration in the outlook for the global economy, medium-term inflation is somewhat lower than predicted in september
dovish
not forward looking
certain
2,015
881
economic development in switzerland lost considerable momentum in the first three quarters of 2001
dovish
not forward looking
certain
2,002
752
the swiss national bank is increasing the target range for the three-month libor with immediate effect by 0.25 percentage points to 0.501.50
hawkish
not forward looking
certain
2,005
667
for 2018, the snb now expects inflation of 0.5, compared to 0.6 in the third quarter
neutral
forward looking
uncertain
2,016
880
these higher prices for imports could impact upon consumer prices
hawkish
forward looking
uncertain
2,007
187
as a result of the stronger growth momentum in the us and the emerging economies, the snb revised its global growth assumptions upwards for 2011
hawkish
forward looking
certain
2,011
535
thus, the underutilisation of economic capacity should decline only gradually
dovish
forward looking
certain
2,014
195
in switzerland, gdp growth in the second quarter exceeded expectations
hawkish
not forward looking
certain
2,013
356
the snb continues to 14 march 2013 2 monitor the momentum on the domestic residential mortgage and real estate markets closely
neutral
forward looking
certain
2,013
27
the resulting climate of uncertainty will prompt households to exercise more caution and will lead to a slowdown in consumer spending
dovish
forward looking
certain
2,009
555
developments abroad represent the main risk
neutral
not forward looking
certain
2,024
995
the swiss franc is stable in trade-weighted terms
neutral
not forward looking
certain
2,009
99
against this backdrop, the snb with its monetary policy is ensuring price stability and supporting the swiss economy
hawkish
not forward looking
certain
2,022
882
the snb is keeping the snb policy rate and interest on sight deposits at the snb at 0.75
neutral
not forward looking
certain
2,021
504
after having averaged 0.6 in the fourth quarter of 2003, the core inflation rate calculated by the national bank also dropped slightly to 0.4 in january
dovish
not forward looking
certain
2,004
810
after that, it is lower due to the now tighter monetary policy
hawkish
not forward looking
certain
2,022
452
this reflects the efforts of the snb to provide the interbank market with sufficient liquidity as a response to the increased demand for liquidity which, for its part, was due to a climate in which financial sector agents had lost trust in one another
dovish
not forward looking
certain
2,009
602
in its baseline scenario for the global economy, the snb anticipates that further waves of infection will be successfully prevented
neutral
forward looking
uncertain
2,020
631
in many emerging economies, too, economic activity was rather sluggish
dovish
not forward looking
certain
2,013
410
the international environment has deteriorated since the last monetary policy assessment in december, and the impact of the crisis in the us real estate market is worsening
dovish
forward looking
certain
2,008
321
investment and exports are the main factors accounting for the slowdown, while consumption has continued to rise significantly
dovish
forward looking
certain
2,001
28
consequently, the path of the new forecast initially lies above that of the december forecast
neutral
forward looking
uncertain
2,010
951
due to the substantial risks associated with the future path of the international economy, financial markets and energy prices, this forecast involves considerable uncertainties
neutral
forward looking
uncertain
2,008
630
this is based on the assumption that no measures will have to be introduced that would additionally impair economic activity
dovish
forward looking
certain
2,021
898
consequently, no inflation risks can be identified for switzerland in the foreseeable future
neutral
forward looking
certain
2,013
456
for 2015, the snb has revised its inflation forecast downwards by 1 percentage point to 1.1
dovish
forward looking
certain
2,015
447
the target range for the three-month libor will be left unchanged at 0.00.25
neutral
forward looking
certain
2,013
499
this was followed by a strong recovery in the third quarter
hawkish
not forward looking
certain
2,020
436
rp 36, is considered to start on the 20th calendar day three months before the beginning of the respective interest period
irrelevant
forward looking
certain
2,019
772
given the favourable inflation outlook in the medium term, the national bank can afford to do so
dovish
forward looking
certain
2,008
644
in the second quarter 2018, gdp once again grew faster than estimated potential output, at an annualised rate of 2.9
hawkish
not forward looking
certain
2,018
213
the forecast assumes that the three-month libor will remain at 0.75 over the entire forecast horizon and that the swiss franc will weaken further
dovish
forward looking
uncertain
2,015
220
real economic growth stabilised at the beginning of this year
neutral
not forward looking
certain
2,001
11
in the current situation, the inflation outlook remains subject to high uncertainty
neutral
forward looking
uncertain
2,020
806
for the current year, the forecast has risen marginally to 0.4, from 0.3 in the previous quarter
hawkish
forward looking
uncertain
2,017
249
the national bank now anticipates that economic growth will be just under 1 for 2003
dovish
forward looking
certain
2,003
482
the snb is targeting a three-month libor of around 2.75, after this rate has climbed as high as 2.9
hawkish
forward looking
certain
2,007
389
moreover, given the fact that the price of oil has been surprisingly immune to the global economic slowdown, it expects higher inflation in industrialised countries
hawkish
forward looking
uncertain
2,008
746
however, a more extensive analysis of the available economic indicators points to an ongoing moderate recovery in the final months of the year; developments on the labour market support this view
neutral
forward looking
certain
2,017
121
the economic recovery should therefore regain momentum in the course of next year
neutral
forward looking
uncertain
2,020
952
at the same time, upward pressure on the swiss franc with the exception of the exchange rate against the us dollar has abated
dovish
not forward looking
certain
2,004
231
the favourable outlook for the labour market should continue to impact positively on income and consumption, and corporate investments are set to advance further
hawkish
forward looking
certain
2,007
129
despite the higher interest rate, the new forecast exceeds that of december 2005 until the end of the year
hawkish
forward looking
certain
2,006
36
the labour market remained robust, and overall production capacity has been well utilised
neutral
not forward looking
certain
2,023
76
inflationary pressure from abroad will remain weak
neutral
forward looking
certain
2,004
41
gdp shrank again in many countries in the first quarter, and remained significantly below pre-crisis levels
dovish
not forward looking
certain
2,021
479
bridging loans can prevent liquidity shortfalls caused by the crisis from leading to insolvencies
neutral
forward looking
certain
2,020
387
the national banks inflation forecasts are embedded in a scenario for the global economy, which according to the snbs assessment represents the most likely development
neutral
forward looking
certain
2,006
96
for example, the energy situation could worsen again
neutral
forward looking
uncertain
2,022
463
the national bank is aware of the fact that the expansive monetary policy it has been pursuing for a considerable period of time has a strong impact on the real estate sector
dovish
forward looking
certain
2,005
360
it will continue to provide the economy with a generous supply of liquidity and, if necessary, to purchase swiss franc bonds with a view to reducing risk premia on long-term debt instruments issued by private sector borrowers
dovish
forward looking
certain
2,009
609
discussions with company representatives conducted by the snbs delegates for regional economic relations also suggest a moderate improvement of the economic situation
neutral
not forward looking
certain
2,017
618
for 2003, the national bank is anticipating economic growth of just over 1, while zero growth is to be expected in the current year
neutral
forward looking
uncertain
2,002
871
the snb will continue to monitor developments on the mortgage and real estate markets closely
neutral
forward looking
certain
2,022
971
in the coming year, it expects the economy to expand by 1.5 to 2
hawkish
forward looking
certain
2,004
82
as the risks are still pointing mainly downward, the national bank intends to maintain its expansionary monetary policy
dovish
forward looking
certain
2,003
3
the economic recovery in switzerland expected for 2003 may be delayed
neutral
forward looking
uncertain
2,003
552
for 2019, it now expects inflation of 1.1, compared to 1.0 last quarter
hawkish
forward looking
certain
2,017
355
the swiss national bank snb is maintaining its minimum exchange rate of chf 1.20 per euro and is leaving the target range for the three-month libor unchanged at 0.00.25
neutral
forward looking
certain
2,014
19
in the second quarter of 2020, gross domestic product gdp was approximately 1020 below its end-2019 level in most countries
dovish
not forward looking
certain
2,020
551
during the course of 2009, the new forecast drops below the previous one again
dovish
not forward looking
certain
2,007
557
with exports rising gradually, followed by an increase in equipment investment, the economic upswing in switzerland should take hold next year
hawkish
forward looking
certain
2,003
468
in view of the medium-term inflation outlook, it can afford to do so for the time being
neutral
forward looking
certain
2,008
474
while, on the one hand, structural changes in the economy are having more of a dampening effect on prices, the high level of utilisation of resources and exchange rate movements, on the other, are exacerbating the risk of higher production costs being increasingly passed on to prices
hawkish
forward looking
certain
2,007
343
the swiss national bank snb will maintain the minimum exchange rate of chf 1.20 per euro and will enforce it with the utmost determination
neutral
forward looking
certain
2,012
228
during the first half of the current year, the growth rate dropped back, after having reached 3.3 in 2007
dovish
not forward looking
certain
2,008
332
the snb is tightening its monetary policy further and is raising the snb policy rate by 0.5 percentage points to 1.5
hawkish
forward looking
certain
2,023
2
inflation has risen slightly since the last monetary policy assessment, and stood at 1.4 in may
neutral
not forward looking
certain
2,024
166
for 2019 the forecast stands at 0.4, for 2020 at 0.1 and for 2021 at 0.5
neutral
forward looking
certain
2,019
641
the snb policy rate change applies from tomorrow, 23 september 2022
neutral
forward looking
certain
2,022
484
for example, inflation could rise further and thus weigh even more heavily on real incomes and consumer demand
hawkish
forward looking
uncertain
2,022
651
moreover, a not inconsiderable risk of deflation remains
dovish
not forward looking
uncertain
2,009
782
for 2017, however, the forecast is down to 0.1, from 0.2 in the previous quarter
dovish
forward looking
certain
2,016
854
the snb has revised downwards its growth expectations for the uk and the euro area
neutral
forward looking
uncertain
2,016
902
the economy has remained relatively robust despite the deterioration in the world economy, but the slowdown is likely to continue over the months to come
dovish
forward looking
certain
2,008
1
as the other loans remained steady, aggregate lending grew more slowly than mortgage loans
dovish
not forward looking
certain
2,006
923
foreign exchange markets are very volatile
neutral
not forward looking
certain
2,007
958
in line with the snbs expectations, the global economy has strengthened further
neutral
not forward looking
certain
2,017
809
the inflation potential, however, will remain modest within the short term
neutral
forward looking
certain
2,004
180
the sluggish economic environment in europe, in particular, has had a dampening effect
dovish
not forward looking
certain
2,005
874
this would be the strongest decline since the oil crisis in the 1970s
dovish
forward looking
certain
2,020
346
residential investment property prices also rose, albeit at a somewhat slower pace
hawkish
not forward looking
certain
2,018
856
in the fourth quarter of 2014, growth in the us remained above potential
hawkish
not forward looking
certain
2,015
765
for 2016, an inflation rate of 0.5 is expected, and for 2017, the forecast is now at 0.3 instead of 0.4
dovish
forward looking
uncertain
2,015
975
russias invasion of ukraine has led to a strong increase in uncertainty worldwide
neutral
forward looking
uncertain
2,022
643
in the us, growth became more broad based
neutral
not forward looking
certain
2,011
800
the swiss economy is also in a sharp recession
dovish
forward looking
certain
2,020
188
it puts average annual inflation at 1.2 for 2024, 0.6 for 2025 and 0.7 for 2026 cf
neutral
forward looking
uncertain
2,024
671
the swiss franc is still significantly overvalued
hawkish
not forward looking
certain
2,017
471
despite the interest rate lift, monetary policy remains expansionary and supports the upswing
dovish
forward looking
certain
2,006
533
in switzerland, gdp rose slightly in the second quarter, after having declined somewhat in the previous quarter
neutral
not forward looking
certain
2,015
113